A C$460 million (US$330.46 million) settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pacific Railway Ltd [CP], the monitor involved in the payments said on Tuesday. Forty-seven people …
A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train disaster and dozens of companies and individuals linked to the …
The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for maritime oil spills, a government official said. The …
Canadian National Railway Co. will phase out its fleet of 183 older tank rail cars used to transport diesel fuel over the next four years, as it works to improve safety following a string of industry accidents involving the puncture-prone …
Canadian Pacific Railway Ltd is slapping a surcharge on customers who transport crude in older tank cars, following its larger rival in seeking to deter shippers from using the model involved in a series of fiery crashes. CP Rail will …
The Canadian province of Quebec has ordered Canadian Pacific Railway Ltd to help pay clean-up costs after a train disaster that killed 47 people and said on Thursday the company has no choice in the matter. The disaster, North America’s …
The U.S. railway whose runaway train killed 47 people in a tiny Quebec town last month was granted bankruptcy protection from a Canadian court on Thursday and took steps in that direction in a U.S. court as well. Montreal Maine …
The Montreal, Maine and Atlantic (MMA) railway company will stop transporting oil after a runaway oil tanker train derailed and exploded in a small Quebec town last month, killing 47 people, MMA Chairman Ed Burkhardt said in a newspaper interview. …
As investigators seek reasons for the deadly train crash in Lac-Megantic, Quebec, last month and the huge “abnormal” fire it caused, they are focusing on the nature of the fuel cargo as well as the brakes, tanker cars, and locomotive, …
Canadian Pacific Railway, hired to transport oil from North Dakota to New Brunswick, subcontracted part of the job to the small railroad involved in the deadly crash in Lac-Megantic, Quebec, the company that chose the Canadian railroad said. CP Rail, …
